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China Shun Ke Long Holdings Reports Increased Losses in 2024

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China Shun Ke Long Holdings Reports Increased Losses in 2024

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China Shun Ke Long Holdings Limited ( (HK:0974) ) has provided an announcement.

China Shun Ke Long Holdings Limited reported its annual results for the year ended December 31, 2024, showing a decline in revenue by 11.2% to RMB 592,941,000 compared to the previous year. The company faced a significant increase in its loss from operations by 71.2% and a loss for the year of RMB 68,198,000, marking a 155.6% increase from 2023. The results reflect challenges in the company’s operational efficiency and market conditions, impacting its financial position with a notable decrease in net assets by 45.2%.

More about China Shun Ke Long Holdings Limited

China Shun Ke Long Holdings Limited is a company incorporated in the Cayman Islands, operating in the retail industry. It primarily engages in the operation of supermarkets and the sale of goods in China, focusing on providing a wide range of consumer products to its customers.

YTD Price Performance: -24.73%

Average Trading Volume: 55,400

Technical Sentiment Signal: Buy

Current Market Cap: HK$203.3M

See more insights into 0974 stock on TipRanks’ Stock Analysis page.

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